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TRX

TRON TRXUSDTTRX, as you can see, has been in an uptrend channel, basically the uptrend channels are breaking from the floor. Which is clear here. TRX can pullback on the break line marked on the chart and correct again. That is why we have to wait. Because it may return to its uptrend channel. Then this exit from the channel is not considered a failure and there they will say we had a fake breakout. So we are waiting to see what he does with the break line and pullback! If approved, Goals 1 and 2 could be our target destinations. First the load signal, then the confirmation signal, then the trade. Be profitable.
by GODsPLAN777
1
TRX is more confused than everA look at TRX daily chart shows that the long-term and medium-term trends are bullish.But the short-term trend is very confusing , The price candle on September 22, for example, was very promising, but the trading volume was small , As a result, buyers were unable to offset their losses on September 23 and a Dodge candle was formed.Today the situation has become more complicated and after the formation of the Dodge candle, now the price changes with emotions.I think the downtrend is more likely Because with a simple look at the chart, it can be seen that the power of descending candlesticks is more than ascending candlesticks.In the short term, the most important support is 0.085 and the most important resistance is 0.12. This is not a financial recommendation. This is just a technical analysis.
Short
by mehran_analyzer
7
🔥 TRX Still In A Bullish Channel: Two PossibilitiesSince the major reversal of crypto late July, TRX has seen a strong uptrend. As of early this morning, TRX has bounced off the lower trend line of the channel. This might be a temporary bounce. The overall view on the market is quite bearish. Add the turmoil in the stock market to this, and we've got a potentially strong bearish on our hands. In case of a bearish break out of the channel, I'm targeting $0.775, which is placed at the last significant low. In a bullish scenario, I'm looking at the $0.105 resistance. In case the stock market shrugs this move off, we might see a rebound fairly soon. Happy trading!
by FieryTrading
8
TRON - Overlook ✅TRON has two main supports on the way down: one local for short term and one key support for long term which is the area we've consolidated on for a while. I said on the way down because TRX also is going through corrections, just like the whole market, and we're not sure when it'll stop since there are strong sell volumes on the market. Not a good time for opening long positions at all, not safe at all. Use this chart as your trade setup for now. Current Market Price: $0.09321 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
4
TRON at a 13% Discount - Potential Entries Before Next Leg UpA quick post that I thought was worth mentioning. Tron reset the RSI correcting ~13% since last night. When I saw that it was sitting on a confluence of support level from several different trends, I couldn't control myself and bought some more TRX at this 222 sat level. Bitcoin just had a little shakeout to $46750, but maintained it's bull flag. If it can show some strength and have a solid breakout beyond $48,000, I think we can expect a bullish continuation from TRX. The price could really fly if it breaks out against BTC.
Long
by jpbrown1023
TRX will see high prices when it breaks out!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 0.14$ 2. 0.148$ 3. 0.18$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5